Natural Gas is Starting to Lift Now

Although the spotlight in the energy complex is on Oil, rather than Natural Gas, the latter is starting to lift a bit towards a confrontation with very important resistance located between 2.44 and 2.62, which must be hurdled for Natural Gas to establish a significant multi-month bottom. As long as the Jan 19 pullback low at 2.04 remains intact (7.63 UNG), I want to remain long United States Natural Gas (UNG).

Useful Searches

Disclaimer - Forex, futures, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the information contained on this site will generate profits or ensure freedom from losses.